-The Business Standard Turning the country's food procurement agency into an international trader will fan inflation and hunger At a time when the Global Hunger Index 2012 ranks India 65th among 79 countries, K V Thomas, minister of state for food and public distribution and consumer affairs, has revealed that the Food Corporation of India (FCI) will soon trade wheat in the futures market. Seeking clearance from the Forward Markets Commission, the...
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As weather patterns get unpredictable, nations must start budgeting for natural disasters
-The Economic Times It's extreme weather season in Asia again. Deadly cyclones, blinding rain, floods and mudslides are becoming the norm from Nepal to Fiji. The world's policymakers must reflect on extreme weather patterns while budgeting their nations' finances. In Thailand last year's floods caused losses of $46.5 billion. Reconstruction costs will reach at least $50 billion, according to the government and UN's assessments. In Pakistan widespread flooding two years ago affected 20...
More »Over two billion people now connected to Internet but digital divide remains wide–UN
-The United Nations While citing the rapid development and growth of the Internet, a top United Nations official today urged greater efforts to bridge the ongoing digital divide and ensure that everyone around the world can harness its benefits. There were 2.3 billion Internet users worldwide at the end of 2011, the UN Under-Secretary-General for Economic and Social Affairs, Wu Hongbo, said in his address to the Internet Governance Forum (IGF), which...
More »Kapil Sibal to engage global leaders on multistakeholder governance of Internet -Shalini Singh
-The Hindu Governments, industry, civil society meetin Azerbaijan to discuss future of Internet India has decided to take a decisive stand on Internet governance at a conference being hosted in Baku, Azerbaijan, from November 6-9. An indication of the importance that India accords to the global dialogue on Internet governance is evident from the fact that Telecom Minister Kapil Sibal is himself leading the government delegation, which will include senior officials like...
More »Serve fresh notice on RIL, Dasgupta writes to PM -Sujay Mehdudia
-The Hindu Says the whole country is waiting for a statement from Manmohan on the issue Terming the ouster of Jaipal Reddy from the Petroleum Ministry unfortunate and anguishing, Communist Party of India (CPI) Member of Parliament Gurudas Dasgupta on Thursday asked Prime Minister Manmohan Singh to serve a fresh notice on the Mukesh Ambani-owned Reliance Industries Limited (RIL) and restrict the cost recovery for 2012-13 by $1.72 billion for the shortfall...
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